the government has appealed against the ruling. argentina is already struggling with recession, which the fitch report partly blamed on government intervention. fitch also highlighted allegations of corruption and pointed to a wave of protests, some of which have been violent. the court ruled that argentina must repay the $1.3 billion in debt, and if it is forced to pay in full, other holders of debt totaling $11 billion are expected to demand immediate payment as well. argentina says that if the court order same place, it may have difficulties in meeting the payments on other bonds. latin america's third biggest economy could be headed for another debt crisis. >> they certainly have the power to send the financial markets into a tailspin. we are, of course, talking about the ratings agencies. >> after years of dithering and delays, brussels has agreed to a set of controls designed to limit their influence, but critics call it a miniature reform that misses the mark. >> weather it is greece, spain, portugal, or italy, eurozone cris